Quote by John Conyers
Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.
Summary
This quote points out how the current system of private health insurance in the United States has multiple negative consequences. Firstly, it acknowledges that this system leaves a significant portion of the population without health coverage. Secondly, it highlights that the high inflation rates in healthcare, reaching double digits, are detrimental to America's competitiveness in the global economy. The implication is that the shortcomings of the private health insurance system in providing coverage and controlling costs have broader economic implications for the country.
By John Conyers
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